Their goal is to make money off people failing and to reduce their risk so significantly when someone does succeeds that it's not worth it for a successful trader to even enter the game.
It's the ugly side of capitalism. People profiting off a service that is a negative externality and doesnt bring a better service or more optimal living situation to the world.
It's all about their profits. Has nothing to do with the traders.
he’s saying that’s not his business model though all his competitors do that. He still hasn’t answered my
Question.
personally I wouldn’t invest in anyone who doesn’t have a 10 year track record.